Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Price Target Lowered to C$16.00 at National Bankshares

Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) had its price objective lowered by National Bankshares from C$16.50 to C$16.00 in a report published on Wednesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other analysts have also commented on DIR.UN. Raymond James increased their price target on shares of Dream Industrial Real Estate Invest Trst from C$16.00 to C$16.50 and gave the company an outperform rating in a research report on Monday, January 8th. Laurentian set a C$15.50 price target on shares of Dream Industrial Real Estate Invest Trst and gave the company a buy rating in a research report on Monday, January 22nd. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Dream Industrial Real Estate Invest Trst currently has an average rating of Buy and an average target price of C$16.17.

Dream Industrial Real Estate Invest Trst Stock Performance

DIR.UN stock opened at C$12.47 on Wednesday. The firm has a market cap of C$3.41 billion, a price-to-earnings ratio of 34.64 and a beta of 1.23. The firm has a 50-day simple moving average of C$12.87 and a two-hundred day simple moving average of C$13.01. Dream Industrial Real Estate Invest Trst has a one year low of C$11.53 and a one year high of C$14.96. The company has a debt-to-equity ratio of 63.11, a quick ratio of 0.25 and a current ratio of 0.21.

About Dream Industrial Real Estate Invest Trst

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. Dream Industrial REIT owns and operates a portfolio of 223 geographically diversified light industrial properties comprising approximately 20.2 million square feet of gross leasable area in key markets across Canada and the U.S.